Hello everyone...
All around us we see with increasing force a cryptographic adoption at a general level, as it covers many aspects such as investments, social networks, games, applications, and many other things, even production companies are using the blockchain to have better and more secure control of production.
At this point, it is like an unstoppable avalanche, as well as the internet revolution that in a few years dominated the market completely and now our daily life depends almost entirely on the internet. Soon our daily life will depend mostly on cryptocurrencies, defi, NFT, and Dapps.
But another field that also shows signs of massive adoption is in the field of ATMs since only so far this year 2021 worldwide 10,037 ATMs have been installed, this is an increase of over 70% in just 7 months.
According to an analysis made by Coin ATM Radar showing in which countries in the world crypto ATMs have been installed, it can be seen that the United States is in first place with an average of 53 ATMs per day, followed by Canada with an average of 4.4 ATMs per day and third place European Union countries with an average of 0.6 ATMs per day.
Another aspect that has had a great rebound is the crypto ATM manufacturers because if you look at the graph below you will notice the great expansion of operations that have had the main crypto ATM manufacturers that to date are Genesis Coin, Genesis Bytes, Lamassu, and BitAccess. Aside from some other brands that are making their way into the market, exploring new paths such as Latin American or African countries. Also, it is not ruled out that more companies will emerge with better ideas for crypto ATMs that fit the costs and make them safe and accessible.
It is possible that by the end of this year the number of 50K crypto ATMs worldwide will be reached, as you start to see everywhere an ATM where you can buy bitcoin, ETH, or any other altcoin, also the rates are becoming more accessible to all thus achieving that the vast majority of the population can buy crypto for the first time. So far in Venezuela one of the crypto ATM companies in the country called Cryptobuyer has installed 2 crypto ATMs in Caracas, the capital of the country, but with this massive integration, this number may be raised taking more ATMs to other cities in the country.
And although in most cases it requires previous education on cryptocurrencies and crypto commerce, it is seen that Venezuelans learn quickly and adapt easily to the new changes, for example in my city we are already beginning to see stores that now have a catalog of cryptocurrencies that accept them as a means of payment, so this economic revolution is unstoppable, cryptocurrency is here to stay and to be part of the digital society of the future. And just as the installation of crypto ATMs is advancing by leaps and bounds, so will the adoption of cryptocurrencies and society independent of a centralized economic system.
